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    Exam 5: Elasticity: a Measure of Responsiveness
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    If the Supply Curve Is Relatively Flat,then the Price Elasticity
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If the Supply Curve Is Relatively Flat,then the Price Elasticity

Question 144

Question 144

Multiple Choice

If the supply curve is relatively flat,then the price elasticity of supply will be


A) relatively large.
B) relatively low.
C) negative.
D) decreasing at an increasing rate.

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